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IN BRIEF: PetroNeft Resources says licence 61 work done on schedule
PetroNeft Resources PLC - Tomsk Oblast-focused oil & gas firm - Says reservoir stimulation programme at Tungolsky Licence 61 has been completed on schedule and within budget. It says the work provides an incremental production uplift of about 200 barrels of oil per day. The company continues to focus on maximising export volumes.
PetroNeft also receives an extension of up to three months to publish its financial results for 2021 due to the continued impact of Covid-19.
Current stock price: down 3.3% at 1.16 pence each on Thursday morning in London
12-month change: down 60%
By Xindi Wei; xindiwei@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Latest PTR News
- IN BRIEF: PetroNeft shares to be cancelled from AIM amid Russia exit
3 Jan 2024 - UK shareholder meetings calendar - next 7 days
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1 Aug 2023 - TRADING UPDATES: On The Beach rejigs board, names new CEO and CFO
30 Jun 2023 - UK earnings, trading statements calendar - next 7 days
23 Jun 2023 - PetroNeft agrees to sell all its interests in subsidiary Lineynoye
14 Jun 2023 - PetroNeft not found auditor, unlikely to meet annual results deadline
11 May 2023 - LONDON MARKET CLOSE: Stocks red, sterling slumps after BoE decision
11 May 2023
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